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Deductions & credits
Good point, but I didn’t enter it wrong. It’s says “you have now maxed out the federal $10,000 deduction for itemized state and local taxes. Combined with your state and local tax deductions, your $2700 property tax deduction reduced your income by $10,000, which lowered the tax you owe”
Anyway, I still don’t know how paying $2700 gets me a full $10,000 credit. Any advice would be appreciated!
January 31, 2021
10:58 AM